Alves Cable, Which Stopped Its Activities, Declared a Concordat - Sözcü Gazetesi
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Alves Kablo, which is traded on the Istanbul Stock Exchange, applied for a concordat. A trustee had been appointed to the management of the company, which ceased trading two months earlier.
Alves Kablo Sanayi ve Ticaret A.Ş. has filed for concordat in order to restructure its debts and reorganize its financial structure. The company announced that its commercial activities ceased as of August 2026. The application was reportedly made under file number 2026/845 of the Ankara West 1st Civil Commercial Court. Alves Kablo announced that the judicial process is ongoing and that the necessary actions will be taken in accordance with the …
It was previously announced that Alves Kablo's assets were subject to a lien of 1 billion 62 million Turkish Lira, and the company's shares were placed on the Watch List of the Istanbul Stock Exchange. The company, which stated that it has not been conducting commercial activities since August 2026, is currently undergoing legal proceedings regarding its application for a concordat (debt restructuring).
Alves Kablo Sanayi ve Ticaret A.Ş., applied for a concordat in order to structure its debts and reorganize its financial structure. The company reported that it ceased trading operations as of August 2026. CAP...
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